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About

About

Born in 2000, João Sousa has been a research assistant at the Centre for Power and Energy Systems at INESC TEC since January 2024, with a master's degree in Mathematical Engineering, graduated from the Faculty of Sciences of the University of Porto. Interested in politics from an early age, always had a proactive stance in academic life, holding positions of student representation and participating in various learning and volunteering projects. His passion for science and his understanding that everything in life is based on it, goes far beyond the fascination with his area of ??training, Mathematics, and encompasses the areas of Medicine, Biology, Psychology, Physics, Computing and Energy.

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Topics
Details

Details

  • Name

    João Sousa
  • Role

    Research Assistant
  • Since

    15th January 2024
Publications

2024

Virtual Batteries Business Models for Energy Suppliers

Authors
Gomes, I; Sousa, JVJ; Sousa, J; Lucas, A;

Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024

Abstract
Self-consumption regulations are leading to the emergence of new business models proposed by new players and causing traditional players to make new proposals to take advantage of the new business opportunities. In this context, traditional retailers are assessing self-consumption business models, offering management services for self-consumption structures, or the installation of distributed resources, such as solar panels or batteries. Some of the new business models being proposed by electricity suppliers are related to virtual battery services. Indeed, suppliers can, in the free retail market, create innovative tariffs, and design them to make their customers believe they own and manage a battery, even if it does not correspond to a physical battery in the grid. This paper analyses the business model of a supplier offering a virtual battery service, comparing it to the installation of a physical battery, showing that it has no significant benefits compared to more simple approaches.